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May 11, 2012

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More quotas for QFII

CHINA'S foreign exchange regulator said yesterday it has approved quotas worth US$26.01 billion for 141 qualified foreign institutional investors as of Tuesday.

The State Administration of Foreign Exchange said on its website that it approved quotas worth US$570 million for five QFIIs on May 4 in a move to allow more QFII investment in China's stock market.



 

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